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roof replacement

I did a roof replacement on my rental that cost $4000.00 in 2017

 

I depreciated it for 2017 and 2018

 

can I stop the depreciation and expense the balance since it was less then $10,000

 

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2 Replies
AmyC
Employee Tax Expert

roof replacement

No, you can only expense an item the first year. After that, you will continue to depreciate the roof.

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roof replacement

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